Victors expects total sales of $702,000 for January and $349,000 for February. November sales totaled $388,000 and

December sales were $407,000.

Now assume that Victors sales are collected as follows:

40% in the month of the sale

The following schedule of cash receipts for January and February was prepared based upon the collection history given:

Now assume that Victors' sales are collected as follows:

40% in the month of the sale

20% in the month after the sale

39% two months after the sale

1% never collected

Prepare a revised schedule of cash receipts for January and February, including the calculation for the Net Accounts Receivable balance on February 28.

Vietor expect total sales of 570 000 forward $40.000 Bar Frey Assume that Vidors are collected as to Coconto the colection November led 2.000. and Domber sales were $407000. Pre schedule of cash rechts from customers for joy and February, including the calculation for the Net Accounts Receivable balance on February 28. Round wers to the nearest More info Fonary Cash Receipts from Customers Nr. Cras collection of Moses in Jan 2.00 De-Credito al Dacia 12.100 De Cocina Desain $ 16.120 Credit Collection of Janin Jan 351.000 collection of an esineb 200.000 Furudition of sales info 114500 Total cash retrom customers 15.50 0230 Dhe Ne Art Recon February 28 Included in Accounts Relate February 28 50 in the month of the sale 505 the mother the O monterte evroles Peint Done Net Accessos Fabry January rebruary Total sales $ 702,000 $ 349,000 50% in the month of the sale 30% in the month after the sale 16% two months after the sale 4% never collected January February $ 62,082 122, 100 S 65,120 Cash Receipts from Customers: Nov. Credit sales, collection of Nov, sales in Jan. Dec.-Credit sales, collection of Dec. sales in Jan. Dec.--Credit sales, collection of Dec. sales in Feb. Jan-Credit sales, collection of Jan, sales in Jan. Jan-Credit sales, collection of Jan. sales in Feb. Feb. ---Credit sales, collection of Feb, sales in Feb. Total cash receipts from customers Print Done 351,000 210,600 174,500 450,220 535,180S Jan ---Credit sales, collection of Jan, sales in Mar. Feb. --Credit sales, collection of Feb, sales in Mar Feb.-Credit sales, collection of Feb, sales in Apr. Included in Accounts Receivable at February 28 112,320 104,700 55,840 Den Prepare a schedule of cash receipts from customers for January and February (If an input field is not used in the table leave the input field empty, do not enter a zero.) Cash Receipts from Customers January February Total sales January February Cash Receipts from Customers: Nov. Credit sales, collection of Nov, sales in Jan. DeeCredit sales, collection of Dec. sales in Jan, Dec --Credit sales, collection of Dec. sales in Feb. Jan-Credit sales, collection of Jan. sales in Jan. Jan-Credit sales, collection of Jan. sales in Feb. Feb - Credit sales, collection of Feb, sales in Feb. Total cash receipts from customers